SEPCOIII wins two new contracts of overseas projects
Recently, SEPCOIII wins two new contracts of overseas projects.
On February 7, ACWA POWER and SEPCOIII signed the EPC Contract for RED SEA UTILITY ASSETS AND INFRASTRUCTURE PROJECT. Red Sea Project is the first to establish the PPP model in Saudi infrastructure construction, also is first fusion energy more complementary and integration of large infrastructure projects, commercial projects on the world, including photovoltaic, wind power, BESS, ICE, RO, STP, ISW, ICT and DCP, etc. Successful signing of EPC contract of Rea Sea Project, further expanded SEPCOIII’s brand influence in Saudi and even the entire Middle East region as well, and laid a good foundation for SEPCOIII to develop the infrastructure field.
On January 27, the EPC contract of Myanmar Sunshine New Energy photovoltaic project (bid section IV) was successfully signed. So far, the company has signed a total of 9 plots with a total installed capacity of 418mwdc. Nine plots are distributed in many provinces and cities in North Central Myanmar, which will greatly alleviate the current situation of powersupply shortage in the region after completion.